Cleanup costs for Mich. oil spill may surpass coverage limits, firm says

03/25/2013 | Reuters

Estimated cleanup costs from a Michigan oil spill could go beyond the insurance coverage limits held by Enbridge Energy Partners, the company said in a filing with the Securities and Exchange Commission. Enbridge said it anticipates total spending to rise to at least $820 million because the Environmental Protection Agency this month ordered more containment and recovery measures. More than 20,000 barrels of heavy crude oil poured into the Kalamazoo River system near Marshall after an Enbridge line ruptured in 2010.

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